Skip to main content

About your Search

20130113
20130121
STATION
KGO (ABC) 1
KPIX (CBS) 1
MSNBCW 1
LANGUAGE
Search Results 0 to 6 of about 7 (some duplicates have been removed)
to dominate his second. that is the nation's debt and deficit. we already reached the $16 trillion debt limit set by congress. treasury secretary tim geithner says his accounting tricks and maneuvers can only buy us a couple more months the president wants to call on congress to raise the debt ceiling without drama. he says even the threat, note to raise the debt ceiling could cause a down-tick in the nation's credit rating as it did in 2011. republicans are determined to use that leverage. it may be the only leverage they have to raise the nation's debt ceiling. in the past it has worked to demand spending cuts in exchange for raising the nation's debt ceiling. they intend to do it this time. heather? heather: a lot going on in washington. we hear rumors the president may address the issue of immigration reform. that may be one of the top priorities of his administration. is he expected to talk about that? >> reporter: perhaps but even before that the president is likely to be asked about efforts to curb the nation's gun violence with vice president biden set to give recommendations to the p
component to growing our economy and broadening opportunity for the middle class is shrinking our deficits in a balanced and responsible way. and for nearly two years now i've been fighting for such a plan, one that would reduce our deficits by $4 trillion over the next decade which would stabilize our debt and our deficit in a sustainable way for the next decade. that would be enough not only to stop the growth of our debt relative to the size of our economy, but it would make it manageable so it doesn't crowd out the investments we need to make in people and education and job training, science medical research, all the things that help us grow. now, step by step we've made progress toward that goal. over the past two years, i've signed into law about $1.4 trillion in spending cuts. two weeks ago, i signed in a law more than $600 billion in new revenue by making sure the wealthiest americans begin to pay their fair share. when you add the money that we'll save in interest payments on the debt, altogether that adds up to a total of about $2.5 trillion in deficit reduc
s. >> while i'm willing to find middle ground to reduce our deficits, america cannot afford another debate. not paying its bills is irresponsible. it's absurd. republicans in congress have two choices here. they can act responsibly and pay america's bills or they can act irresponsibly and put america through another economic crisis. but they will not collect or ransom in exchange for not crashing the america economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> you know, it looks like republicans are up against another wall. but they're not going to be able to get -- they're not going to be able to get, quite frankly, some things they really want, if they're serious, are important. spending issues. but this is -- he's got them again. >> here's the problem with the republican party being owned by extremists on issues not related to the debt. let me tell you something, the president of the united states, it's laughable that he would talk about republicans not being res
it doesn't add to our national debt and deficit when we are going to be at $20 trillion by 2016. jack lew has a lot to answer for but if every democrat votes for him, he needs five republicans to vote for him. senator sessions is a measured guy. when he makes a comment like this, i really think the senate should pay attention. >> arthel: we're going to go a little bit down the list. john brennan who is the choice leader. c.i.a. lindsay graham saying they shouldn't confirm until the administrationlab rates the attacks in benghazi. how do you see this playing out? >> i think john brennan is going to have the easiest time getting his nomination through. there will be a the couple tough questions from benghazi and also talking about enhanced interrogation procedures. ultimately those are things that happened under the bush administration. we don't torture anymore. i believe brennan is going to have a significantly and i think at the end of the day the nominations are going to saim through. >> arthel: go ahead. >> i love it when progressives against bush on drones and git more and everything e
was raised in august, the political fight and the spotlight on the count row's deficit and debt problems led s&p to downgrade the u.s. credit rating for the first time in history. >> geithner steered the major economic moves in the first term, now he's stepping down at treasury. the pick to replace him is jack lew, who has established a close relationship with the president. he is know chummy with the republicans on the hill after the debt ceiling negotiation. for that reason and other, his looming confirmation hearing could be bumpy. but if confirmed, lew will likely be dealing with the top issue in this second term, how to get the economy moving and addressing the count re's long-term fiscal problems. >> this is a president that is forced to grapple to the tenor of our times with the budget woes, with the economy that can't get over the hump. it's going to consume most of his time, i believe, in the second term. >> what he cannot do, going into this term is go from economic crisis to economic crisis. that's not leadership. what he will have to do is figure out how we address this in a broa
to a federal deficit budget. the not long ago in a hotel ballroom not that far away -- an idea was born. >> we're watching a new online tool called me the people to allow americans to directly petition the white house. >> reporter: it was a noble concept, the kind of thing obi-wan or obama wan kenobi would have thought of. >> help me, obi-wan kenobi. you're my only hope. >> reporter: to go on to the website, and petition for change. if 25,000 citizens agreed, the administration would respond. but faster than a light sabre, people began petitioning for all kinds of strange things from recognizing ping-pong as a school sport to deporting piers morgan for his views on guns, but the most popular idea of all -- >> i have a bad feeling about this. >> reporter: a petition to, quote, secure resources and funding and begin construction of a death star by 2016. the reason? to, quote, spur job creation and strengthen our national defense. nearly 35,000 people went online and agreed, and the white house, true to its word, responded saying intergalactic domination probably isn't the best idea in the univer
Search Results 0 to 6 of about 7 (some duplicates have been removed)